News » Philippines: Fastest growing economy in Southeast Asia

Philippines: Fastest growing economy in Southeast Asia

Philippines Manila

The Philippines is projected to be the fastest growing economy in Southeast Asia and second fastest in the world according to the latest World Economic Outlook released by the International Monetary Fund (IMF).

The latest growth forecast for the Philippines is the fastest among members of the ASEAN and the second fastest in the world next to India’s 7.4 percent growth for this year and 7.8 percent for next year.

“We believe the Philippine economy will continue to grow strongly, driven by solid domestic demand and public investment,” Yang said.


Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.